T-Mobile CEO Says No Thank You To Verizon’s Spectrum

T-Mobile CEO Philip Humm told reporters during this mornings earnings call that the company isn’t interested in the wireless airwaves Verizon hopes to unload as it seeks to gain approval for their SpectrumCo purchase. Verizon said last month it would sell spectrum in the 700MHz band if US regulators approved its $3.9 billion proposed purchase of spectrum from SpectrumCo.

Humm raised concerns about the spectrum interfering with TV stations that occupy nearby spectrum bands, “For us, this spectrum is not interesting,” said Humm. Taking it a bit further, Humm raised concerns that the interference problems “will most likely take three to six years to resolve, if at all.”

Concerns over the geographic layout of the spectrum, and position in the A block have raised eyebrows over Verizon’s potential sale. Verizon’s offer to sell two unused blocks of spectrum has many wondering why Verizon needs to pick up more spectrum in the first place if they aren’t in enough of a crunch that they can afford to sell unused spectrum.

On a separate note, Humm declined to comment on when T-Mobile would return to postpaid growth, but noted the second phase of their turnaround plan calls for growth next year and beyond. Humm also declined comment on yesterdays rumors on a potential T-Mobile USA, MetroPCS merger.

Humm says Deutsche Telekom and T-Mobile USA are working to “evolve T-Mobile USA to become a self-funding platform.” Part of that will be a shift in T-Mobile’s attitude…”We’re changing the brand from affordability to affordability and cutting edge,” Humm said.

CNET, Reuters

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  • TMOTECH

    HA HA! Verizon jumped the gun and bought worthless spectrum. Now they want to try and sucker us into buying it so they can buy more AWS that they aren’t using now. What a bunch of chumps. Who do they think they are fooling?

    • http://tmonews.com David

      Yup, what you said. Exactly what you said.

  • Crybabies

    TMO bought that spectrum they had to wait to use until the govt got off of it. Lets face it, DT wants to get rid of TMO. Stop jerking our chain with this song and dance and bend us over already.

    • TMOTECH

      Really?

  • Mr. MN

    I’m glad to see this Humm guy standing up for us again. I like this report/article but the best part is “Deutsche Telekom and T-Mobile USA are working to ‘evolve T-Mobile USA to become a self-funding platform.’ Part of that will be a shift in T-Mobile’s attitude…We’re changing the brand from affordability to affordability and cutting edge.”
    I can’t wait for the day when we won’t have to worry about DT trying to sell our dear Magenta to a competitor just to get out of the U.S. market.

    • guest

      think by self-funding that doesn’t mean they aren’t trying to work plans for some kind of sale/deal (merger stock swap and/or IPO to yesterdays purposed deal). The point being is they see the property as a potential risk and favor liquidity rather than future returns

    • JBrowne1012

      When I hear Self-Funding i think and believe that means cutting ties with DT and becoming independent.

  • Drew

    Verizon trying to unload shady, tainted spectrum?? Not at all surprised. Thanks but no…

  • TBN27

    Smart move humm. It seems that verizon got more desperate than a highschool virgin looking to score. Now they have nothing of worth…..by the way, love the new mobile site. It is refreshing.

  • Magenta Man

    Tis what happens when you get greedy….. typical Verizon behavior……

  • BigMixxx

    ok, Humm officially has balls. I moved him back up the radar.

    • Drew

      He’d better have some balls after they made him look like a lap dog during the at&t acquisition/merger where he sat up in court next to that @sshat douche CEO Randall Stephenson and said nothing…

  • SirAuron14

    I really hope Tmobile buys metro and expand, if this all goes through and they have Iphone almost everyone will go to tmobile.

    • Pauldro952

      I hope T-mobile grows, but I don’t want everybody on it. I want T-mobile to grow organically so it can over time evolve to fit the needs of more and more customers instead of massive tiered data plans.